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GS Jan 2022 225.000 put

OPR - OPR Delayed price. Currency in USD
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3.07000.0000 (0.00%)
As of 2:47PM EDT. Market open.
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Previous close3.0700
Expiry date2022-01-21
Day's range3.0700 - 3.0700
Contract rangeN/A
Open interest995
  • Goldman Sachs (GS) Considering Hiring Spree in China, Hong Kong

    Goldman Sachs (GS) Considering Hiring Spree in China, Hong Kong

    Goldman Sachs (GS) contemplating to hire more than 400 people in Hong Kong and mainland China, as it intends to bank on the opening up of Beijing's financial sectors to foreign lenders.

  • Oil Dips Amid Prospects of Progress on Iran Nuclear Deal Talks

    Oil Dips Amid Prospects of Progress on Iran Nuclear Deal Talks

    (Bloomberg) -- Oil clung to losses as investors weighed developments in ongoing talks between world powers to revive the Iran nuclear deal.Futures in London fell as much as 3.1% on Tuesday after a Russian envoy in Vienna said significant progress has been made in efforts to broker an agreement between Iran and the U.S, the BBC Persian news channel reported However, the same diplomat, Mikhail Ulyanov, subsequently took to Twitter to play down reports that a major announcement on the matter was likely on Wednesday.“I said that significant progress have been achieved, in my view,” Ulyanov said in the tweet. “That is true. But unresolved issues still remain and the negotiators need more time and efforts to finalise an agreement on restoration of JCPOA.”A return to the 2015 nuclear deal could allow for the removal of U.S. sanctions on the Persian Gulf country’s crude exports, raising the prospects of more supply coming back to the market. Iran has already been preparing to ramp up global oil sales, though the flow of additional crude may be gradual even if a deal is struck.See also: Iran Gears Up for Return to Oil Market as U.S. Talks AdvancePrices were already weak earlier in the session after Brent futures failed to sustain a rally past the key psychological $70-a-barrel mark, which it hasn’t closed above since May 2019. Meanwhile, concerns are lingering around the worsening Covid-19 crisis in India. The South Asian country’s gasoline exports soared 85% in the first half of May from the same period last month, according to Vortexa.“We’ve had a pretty robust rally, but the question continues to be if we’re going to see some slowdown because of continued issues in India,” said Bart Melek, head of commodity strategy at TD Securities. “The market’s going to need something fundamental happen for prices to break out” to the upside “and at this point we’re not getting it.”Still, oil is joining other commodities in a blistering rally this year. Crude prices are up more than 30%, as raw materials emerge as a hedge against inflation. Much of Wall Street is calling for higher prices, with Goldman Sachs Group Inc. talking up the prospects of $80 a barrel oil. At the same time, the Organization of Petroleum Exporting Countries and its allies are boosting supply to meet rebounding demand.Meanwhile, shippers on the largest U.S. fuel pipeline say they can’t access the pipeline’s communications system, preventing them from making nominations or submitting changes to their batches of fuel. The Colonial Pipeline has been working to restart after a cyberattack more than a week ago caused a spate of panic-buying across a dozen states.In the U.S., oil inventories are expected to have risen last week, according to a Bloomberg survey. If confirmed by U.S. government data on Wednesday, that would be the first weekly increase in three weeks. The industry-funded American Petroleum Institute reports its storage tally later Tuesday.More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Indonesian Travel Startup Considers $2 Billion SPAC Deal

    Indonesian Travel Startup Considers $2 Billion SPAC Deal

    (Bloomberg) -- Indonesian online travel company is exploring going public through a merger with a special purpose acquisition company as it seeks to expand its business, according to people with knowledge of the matter.The startup is in talks with COVA Acquisition Corp. for a deal that would value the combined entity at about $2 billion, according to the people, who asked not to be identified because the talks are private. Goldman Sachs Group Inc. is advising Jakarta-based Tiket, which is valued at more than $1 billion and owned by diversified Indonesian conglomerate Djarum Group, they said.The startup may also pursue a traditional initial public offering, a merger or an acquisition to expand, the people said. Negotiations between the two firms aren’t finalized and it’s possible discussions may not result in a deal, they said.Tiket joins a slew of Southeast Asian internet companies considering SPAC listings or initial public offerings to fuel growth as online commerce gains popularity in the region. Indonesian rival Traveloka is in advanced talks to go public through merging with Bridgetown Holdings Ltd., a blank-check firm backed by billionaire Richard Li and Peter Thiel.As part of the deal, Tiket could raise about $200 million in a so-called private investment in public equity, or PIPE, that often accompanies a SPAC merger, the people said. Representatives of Tiket, Goldman and COVA Acquisition declined to was founded in 2011, a year before Traveloka. Djarum acquired Tiket in 2017 and put it under the leadership of Chief Executive Officer George Hendrata, previously Djarum’s director of business development and diversification. Tiket’s platform lets consumers buy tickets for flights, trains as well as concerts and other events. Users can also book hotel and rental cars in Indonesia. It has a network of more than 90 airlines, 2.8 million hotels and other lodgings, and more than 400 corporate partners.Tiket’s sales of plane tickets and hotel bookings surged more than 300% in the first three months of 2021 compared with the second quarter of 2020, when business was hurt by the onset of the coronavirus pandemic, according to the company’s press release in April.Djarum is led by Michael Bambang Hartono and his younger brother Robert Budi Hartono, who inherited a clove cigarette manufacturing business from their father Oei Wie Gwan upon his death in 1963. They grew the business into a diversified conglomerate including PT Bank Central Asia, whose market capitalization of about $55 billion makes it Indonesia’s most valuable company. Budi Hartono is the richest Indonesian with a net worth of $16 billion, while Michael has a net worth of $15 billion, according to the Bloomberg Billionaires Index.Luminar Backer’s $300 Million SPAC Seeks Southeast Asia TargetCOVA Acquisition is led by Jun Hong Heng, the founder of San Francisco-based Crescent Cove Advisors LP, which backs high-growth technology, media and telecommunications ventures in the U.S. and Southeast Asia. Crescent Cove was one of the earliest and largest investors in Luminar, a driverless-car startup founded by entrepreneur Austin Russell.More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.